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Advantages of Saint Petersburg Florida Real Estate
Posted: Mar 14, 2014
The beauty of Saint Petersburg real estate comes from a growing residential population and an active tourism destination with accessible transportation and beautiful weather. Saint Petersburg Florida is on the East side of a peninsula adjacent to Tampa Bay.
Saint Petersburg Florida is ideally located on the East side of a peninsula adjacent to Tampa Bay in the middle of the west side of Florida along the Gulf of Mexico. It is sliced in the middle by Interstate Two Seventy Five, the major road accessing all of Saint Petersburg. Just south of Tampa and Largo, Saint Petersburg lays at the most Southern tip of the peninsula. With water on three sides of the city, St. Pete is an ideal location for fishing, sailing, and wandering enthusiasts.
The Saint Petersburg area is found to have a lifestyle more laid back with good shopping and eateries. Good locations here are Pinellas Point, Lakewood Estates, and Gulfport. The breeze enjoyed with the warm weather in the downtown strip with park side cafes and stores make this location exotic.
The economic tourism here is contributing to the growth and real estate comes from the theme parks not too far away in Central Florida and an international airport just ten miles away. Being near and part of a tourism destination, there are many restaurants that satisfy the pallet and help rejuvenate an active economy. Real estate purchased is a strong investment with expected growth in value.
Saint Petersburg, Florida has a strong economy. Many financial services are rooted in the area and help stimulate the area and surrounding communities with resources for expansion and development. Sixteen percent of the workforce was in financial services of insurance, banking, and real estate in 2004. The population has been found to be fueled with anticipated and expected growth for many years. Saint Petersburg is one of the fastest growing areas in Florida region and has been called the `Mega market of the South’. In December 2012, Atlas Van Lines saw more moves into Florida than moving out. In the first ten years of this century about six hundred thousand people moved from New York to Florida according to tax records. The transition of populating Florida ticked up once recession sank in. Some believe the population of Florida may go beyond New York and become the third most populated state in the United Sates. People tend to migrate to the typically sunny warmer weather with abundant relaxing opportunities near the coastline beaches.
The cost of living is relatively less here without a state income tax in Florida and property taxes too are decent as compared to other states in the United States. The environment and economy is helping build Saint Petersburg Florida real estate really fast. Visit this site for more information on Real Estate Keller Williams.
The Saint Petersburg area has real estate property with an average listing price of over two hundred thousand dollars and a median sales price below one hundred twenty five thousand dollars. The price per square foot is about ten percent higher than last year and running just under one hundred twenty dollars. Research shows just over two thousand new and resale homes for sale at any given moment in the Saint Petersburg area. The fastest selling and popular areas are Pinellas Point averaging homes at roughly one hundred sixty thousand dollars and Disston Heights averaging homes at roughly one hundred twelve thousand dollars. Click on this link for Real Estate in Saint Petersburg.
Parents appreciate the public schools such as the Pinelllas County School District and Lealman Intermediate School located here. There are the two private schools called Brighton Preparatory School and Argonauta Christian School. The area offers museums, gardens, and parks as an added attraction that is pleasing to the eye. Search for good websites to purchase real estate in Saint Petersburg.
The author of this article recommends Keller Williams Real Estate Agent in Saint Petersburg, FL for buying and selling real estate here.
The author of this article recommends Keller Williams Real Estate Agent in Saint Petersburg, FL for buying and selling real estate here.